Netherland Inn Exchange Place Association Inc

Analysis

Netherland Inn Exchange Place Association Inc is a registered charity in United States, based in Kingsport, TN. It received its IRS tax-exemption ruling in May 1967, 59 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Netherland Inn Exchange Place Association Inc reported income of $369k and spending of $278k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $120k to $369k (+207%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 177%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Netherland Inn Exchange Place Association Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within TN. Charities of a similar size with the same main cause include Chatham Marconi Maritime Center Inc ($368k), Quilcene Historical Museum ($369k) and Stepping Stone Museum Association Inc ($368k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 13% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.